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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (68613)	9/5/2007 3:34:25 PM
From: ballsschweaty	Read Replies (1) \| Respond to of 116555

<<How do you feel about the sweat shops of the early 1900's when they worked 8 year old kids 12 hours a day for pennies (read Charels Dickens)?; or chain gangs in the south for 50 years after the civil war where false charges were brought against blacks and then their labor was sold to plantations (almost alldied within 10 years); or the complete subjagation of workers by the "steel" and other large corporate monopolies in the early 1900's.>> Nearly all of that is happening right now in China and then they rig the currency and poison our food to boot. Great companies treat their employees very well. Not because they are forced to by unions or government rules but because they figured out that it's good business. When you treat employees well, they will treat customers well and the company will be very profitable as a result. Look at Southwest Air and Whole Foods. The funny thing is that the outrageous pay and benefits earned by UAW workers didn't make them happy at all. They are some of the most bitter and unhappy employees you can find.